{ "media_type": "text", "post_content": "Is today nail in the coffeen for GME. It was expensive lesson for retail trades. Even we say wall st won here but no one really know how much HF lost. May be big enough to not do this again with any company in future", "post_id": "601c41af32a3120021b7d594", "reply_count": 12, "vote_count": 5, "bowl_id": "5acc42208c6b52001375e11e", "bowl_name": "Option Traders & Investing" }

Is today nail in the coffeen for GME. It was expensive lesson for retail trades. Even we say wall st won here but no one really know how much HF lost. May be big enough to not do this again with any company in future

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Mercenary vs peasant mob - ending was already decided

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True, but harsh lol

That was this Monday

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Lol true but at the same time we are all retail traders.

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Have been riding all of these meme stocks down with puts, my principle is all recouped as realized gain at this point so have free money left on the gamble that these are going significantly lower still. IMO GME is going to $15 at least, maybe lower if hedges want to make a point. Could happen as soon as tomorrow, if it’s prolonged it’s only because hedges are setting new bull traps to profit more. It’s not worth anything higher than $15 and there is no second squeeze coming. Anyone telling you the volume is low because it isn’t as high as when the stock had all time high trading doesn’t know how to interpret volume. Sorry to be harsh but I’ve been trading for 10+ years. What’s happened here isn’t unique, there are similar sized squeezes that have happened in past and when the party’s over, it’s over.

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I hope so. I honestly don’t mean to be harsh - I lost 90% of my first investment because I bought into something just like this. The same explanations people are giving now about short ladders, MM manipulation, etc all were given to me then. I listened and held and lost most of my investment (luckily I don’t bet a lot on any given speculative stock so it was only $3k). GME might be worth a buy if it gets taken down to the single dollars for a short-term bounce. But I would just find something else to invest in personally.

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Seems that the same could be asked about AMC.

Many on here are retail traders and didn't touch gme...for good reason. Anyway, lesson learned for newer folks who played with fire and didn't appreciate the risk...

Lol maybe Melvin lost, but a lot of other hedgies won big. Let’s be real. Reddit never had enough money to move stocks. That kind of volume had institutional buying power behind it. When these big firms sold their shares (because they were smart enough to cash out), that’s what ended up deflating the price. RH probably had some effect with their interference but the average Joe trying to put a few hundred (to a few thousand, if we’re being generous) into a company wasn’t gonna move the needle much.

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